How many Chatime outlets opened in Maryland during 2022?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
2 | 0 | | | 2023 | 0 | | | 2024 | 2 | | All States | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | State | Yea r | Outlets at Start or the Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operation s – Other Reasons | Outlet s at End of the Year | |---|---|---|---|---|---|---|---|---| | AL | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 53–58)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, there were 3 Chatime outlets opened in Maryland during 2022. The table provided in Item 20 of the FDD outlines the status of franchise outlets from 2022 to 2024. It includes details such as the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, re acquisitions by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is valuable in understanding the growth and stability of the Chatime brand in specific locations. The data helps to identify markets where Chatime is expanding and performing well, as well as areas where outlets may be struggling. This information is crucial for making an informed decision about where to invest in a franchise.
It's important to note that while the table provides a snapshot of outlet activity, it does not offer insights into the reasons behind terminations or closures. A prospective franchisee should investigate further to understand the factors that may influence the success of a Chatime franchise in a particular area. This could include market saturation, local economic conditions, or specific challenges faced by franchisees in that region.